B2B Trust and La Capitale Financial Group have signed an agreement for the distribution of RRSP loans, the two companies announced Thursday.
Under the terms of these agreements, B2B Trust will offer preferred rates on RRSP loans to Canadian investors who purchase eligible La Capitale funds through licensed financial advisors.
With a long-standing history of investment lending experience and a loan portfolio in the billions, B2B Trust, a wholly owned subsidiary of Laurentian Bank of Canada, is well-known among the financial advisor community — particularly for its lending solutions.
“Our clients and business partners want maximum choice and flexibility from their lender. The potential of our new partnership with B2B Trust is exciting for advisors and their clients whose investment strategy involves borrowing to invest in La Capitale RRSP products,” says Eric Marcoux, vice president of administration and customer relations, individual insurance and banking at La Capitale.
La Capitale has a strong presence in Quebec and throughout Canada, with assets of $3.8 billion. It offers insurance products and financial services to the general public as well as to Quebec’s public service employees.